First BanCorp (NYSE:FBP) recently unveiled its financial performance for the first quarter of 2024.

• First BanCorp exceeded expectations by reporting earnings per share of 44 cents, surpassing the anticipated EPS of 37 cents by analysts.
• The company’s revenue for the quarter stood at $196.52 million.
• However, the revenue figure fell short of analysts’ predictions, coming in 4.50% lower than the expected $205.78 million.

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